New Delhi (30.09.2025): The government on Tuesday appointed new Managing Directors and CEOs for two prominent public sector lenders, Union Bank of India and Central Bank of India , following recommendations from the Financial Services Institutions Bureau (FSIB). The appointments, cleared by the Appointments Committee of the Cabinet (ACC), are for a period of three years. In a significant leadership change, , currently an Executive Director at Bank of Maharashtra, has been appointed as the new . He takes over from A. , who superannuated on June 2, 2025. Pandey's appointment is for a and his service tenure until gives him a strong possibility of securing successive extensions, a move that is expected to provide stability and long-term vision to the bank. Kalyan Kumar Takes

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